The Bush administration has been a catastrophe. Its failures are unprecedented. Energy prices are at all time highs. The US is deeply in debt and dependent on foreign creditors. The dollar has lost 60% of its value against other tradable currencies, and its reserve currency status, the basis of American power, is in doubt. The US has lost millions of middle class jobs which have been replaced with low paid domestic service jobs. Except for the very rich, Americans have experienced no gains in real income in the 21st century.